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Finance
UBS to revamp investment bank in bid to lift flagging earnings
Switzerland's UBS plans another shake-up of its investment banking arm to help boost earnings and curb costs after tough market...
Finance
Deutsche Bank to cut 18,000 jobs in retreat from investment banking
Deutsche Bank is to axe vast swathes of its trading desks in one of the biggest overhauls to an investment ......
Finance
Deutsche Bank embarks on hiring spree for wealth management biz
Deutsche Bank plans to hire 300 more relationship and investment mangers for its wealth management business by 2021, as part ......
Finance
Anshu Jain-backed InCred raises big Series A funding round from FMO, others
InCred Financial Services Ltd said it has concluded a Rs 600 crore ($86 million at current exchange rate) Series A ......
Finance
French bank SocGen to slash 1,600 jobs in bid to boost profits
Societe Generale plans to cut 1,600 jobs, mainly at its corporate and investment banking arm, in an attempt to boost ......
Finance
Foreign investor commits capital to Anshu Jain-backed InCred Finance
InCred Finance, a non-banking financial company (NBFC) backed by private equity firms and former Deutsche Bank co-chief executive...
Finance
Veteran equity capital market I-banker joins conglomerate
A veteran investment banker has moved to join a diversified Indian conglomerate as the financial chief of its wholly-owned subsidiary. ...
Finance
How the pecking order of foreign banks is changing in India
Foreign banks operating in India are in a better position than their domestic peers when it comes to toxic assets ......
Finance
How PE funds, foreign banks are changing tack in battle for stressed assets
When Indian authorities started cracking down on banks’ bad loans two years ago, several private equity firms and stressed...
People
Top Edelweiss executive quits to join Gunit Chadha's NBFC
A top executive of financial services conglomerate Edelweiss Group is set to join the non-banking financial company (NBFC) recently started ......
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